Account Officer at Resource Intermediaries Limited (RIL)

Job Title: Account Officer

Role Overview

• This role is responsible for executing core finance operations within the cooperative division, with a primary focus on managing member contributions, loan disbursements, reconciliations, and statutory reporting.
• The Account Officer is expected to bring financial discipline, transparency, and process efficiency to cooperative transactions while supporting strategic growth through reliable data and controls.

Key Responsibilities

• Maintain accurate financial records for all cooperative transactions, including member savings, loan balances, and interest computations.
• Process loan applications, disbursements, and deductions in line with cooperative policies and repayment plans.
• Monitor monthly contributions, reconcile discrepancies, and prepare reports on delinquent accounts.
• Generate periodic financial statements, cash flow projections, and member balance summaries for executive review.
• Handle all bank reconciliations, ensure prompt transaction postings, and manage third-party cooperative accounts.
• Prepare and file statutory remittances(e.g., WHT, VAT, PAYE) as may apply to cooperative operations.
• Collaborate with HR/payroll to automate deductions and ensure accurate staff savings/loan remittances.
• Provide support during internal and external audits, ensuring full compliance with cooperative finance regulations and internal controls.
• Recommend process improvements to drive operational efficiency and risk reduction in cooperative finance administration.

Requirements

• OND / HND / B.Sc Degree in Accounting, Finance, or related field.
• At least 1 year of relevant accounting experience, preferably in a cooperative, microfinance, or similar financial structure.
• Strong proficiency in financial reporting, cooperative loan accounting, and member-based transactions.
• Familiarity with cooperative finance laws, auditing principles, and member equity tracking.
• Experience using accounting tools such as QuickBooks, Excel, or dedicated cooperative accounting software.
• Strong ethics, confidentiality, and precision in data handling.

Key Competencies:

• Cooperative finance management
• Loan ledger reconciliation & interest calculations
• Contribution tracking & delinquency reporting
• Cashflow planning & financial controls
• Analytical reporting & data accuracy
• Audit readiness & regulatory compliance
• Stakeholder communication and record integrity

Salary
N150,000 Monthly (Net).

Application Instructions:

The application deadline is 7th July, 2025.  Therefore, Qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION.” It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Website:
Official Job Website: https://www.resourceintermediaries.org/